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(ROOT) complete technical analysis [charts+indicators] | Buy/Sell | (ROOT) share price targets

Complete technical analysis of (ROOT) by charts plus indicators, forecast predictions and share price targets for (ROOT)

10 day averaged volume of is 662110

Date Daily Closing Price Open High Low Volume
17 Wed Apr 2024 53.72 61.69 63.25 52.65 1.016 times
16 Tue Apr 2024 61.84 62.48 64.54 60.34 0.549 times
15 Mon Apr 2024 63.45 65.14 69.53 63.39 0.609 times
12 Fri Apr 2024 66.78 66.00 68.24 63.27 0.704 times
11 Thu Apr 2024 65.70 78.45 79.23 63.55 1.656 times
10 Wed Apr 2024 76.87 76.82 83.50 75.00 0.981 times
09 Tue Apr 2024 80.27 78.52 85.99 76.20 1.095 times
08 Mon Apr 2024 78.27 83.00 83.79 72.24 1.163 times
05 Fri Apr 2024 82.90 70.72 83.81 70.20 1.623 times
04 Thu Apr 2024 70.93 69.37 73.76 68.21 0.91 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 54.7, but if it comes above 54.7, then a intra day buy could be more profitable.
If you take a sell trade below 54.7, then use 54.7 as stoploss and 43.5 as target. However if you take a buy trade in stock , then use 54.7 as stoploss and 64.04 as target.

Share price targets for (ROOT)

Target Type Value
Downside Target 7.22
Downside Target 7.93
Downside Target 9.54
Downside Target 11.39
Downside Target 14.60
Downside Target 31.90
Downside Target 34.41
Downside Target 42.46
Downside Target 52.15
Upside Target 55.22
Upside Target 60.58
Upside Target 63.27
Upside Target 69.53
Upside Target 83.81
Upside Target 85.99

Intraday share price targets for (ROOT)

Target Type Value
Downside Intraday Target 47.74
Downside Intraday Target 41.75
Upside Intraday Target 64.62
Upside Intraday Target 75.51
Upside Intraday Target 58.63

Weekly technical analysis of (ROOT)

Date Weekly Closing Price Open High Low Volume
17 Wed Apr 2024 53.72 65.14 69.53 52.65 0.388 times
12 Fri Apr 2024 66.78 83.00 85.99 63.27 1.292 times
05 Fri Apr 2024 82.90 61.00 83.81 55.22 1.992 times
28 Thu Mar 2024 61.08 53.24 61.50 52.15 0.286 times
22 Fri Mar 2024 53.76 53.00 60.58 42.46 1.645 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of (ROOT)

Date Monthly Closing Price Open High Low Volume
17 Wed Apr 2024 53.72 61.00 85.99 52.65 0.423 times
28 Thu Mar 2024 61.08 34.36 61.50 31.90 0.906 times
29 Thu Feb 2024 32.11 8.23 34.41 7.22 14.28 times
31 Wed Jan 2024 8.10 10.42 11.39 7.93 0.394 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of (ROOT)

Price action analysis of ( (ROOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of ( (ROOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.46 and (ROOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (ROOT) stock. Volume based technical analysis of (ROOT) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of ( (ROOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (ROOT) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of ( (ROOT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.46 and (ROOT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (ROOT) stock. Volume based technical analysis of (ROOT) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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